Abstract
The 'time to payback' method described by the authors involves modelling the long-term costs and benefits of current practice (i.e. in the absence of a trial), which are compared to the impact of a prospective trial, including the cost of the trial. The model describing the impact of the trial consists of two sequential sub-models. The first sub-model describes the costs and benefits associated with the actual trial as well as the results of the trial. The second sub-model describes the long-term costs and benefits associated with the uptake of the alternative interventions which is based on the predicted trial results.
Original language | English |
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Pages (from-to) | 239-240 |
Number of pages | 2 |
Journal | The European Journal of Health Economics |
Volume | 4 |
Issue number | 3 |
DOIs | |
Publication status | Published - Sep 2003 |
Externally published | Yes |
Keywords
- trial design
- health care resource
- health care policy
- funding decision